Roadrunner Transportation Systems Inc. has priced a public offering of 3.5 million common shares at $17.25 a share, the Cudahy trucking and logistics company said Thursday.

Roadrunner, which went public in May 2010 at $14 a share, said it expects the stock sale to close on Dec. 11. The company expects to receive proceeds from the offering of $54.9 million after expenses. | Dec. 6, 2012»Read Full Article(2)

Five Milwaukee area universities have received a five-year, $1 million matching grant from the U.S. Economic Development Administration to form a coalition that will support entrepreneurs and start-ups.

A team of Wisconsin researchers said Monday they have received a three-year, $900,000 federal grant to review screening procedures for critical congenital heart disease in newborns.

Investigators at the Medical College of Wisconsin and Children's Hospital of Wisconsin will begin collecting information in January to understand the use of pulse oximetry, or POX, screening in babies born in the state, the organizations said in a news release. The investigators will be joined by researchers at the UW School of Medicine and Public Health, the Wisconsin Department of Health Services and the Wisconsin State Laboratory of Hygiene. | Dec. 5, 2012»Read Full Article

Two attached vacant buildings in Walker's Point have been sold to a local investment group that hopes to redevelop them.

A 5,000-square-foot building, at 838 S. 1st St., and a 3,000-square-foot building, at 114 E. Walker St., were sold by West Grand Corp., based in Northbrook, Ill., to Square 1 LLC for $88,000, said Square 1 co-owner Michael Henry, a broker with Keller Williams Realty, in Wauwatosa. | Dec. 5, 2012»Read Full Blog Post

The Summerfest board on Wednesday endorsed a 2013 budget that calls for net operating income of just under $14 million from the 11-day festival next year, an increase of $1.87 million over this year’s heat-hampered celebration.

The increase is expected to come from increased attendance, sponsorships, business group sales and a $1 increase – from $16 to $17 – in ticket prices. | Dec. 5, 2012»Read Full Blog Post(15)

Auto dealer John Amato, whose operations include Amato Nissan, in Glendale, has long-term plans for a second Glendale dealership, near Johnson Controls Inc.'s headquarters.

Amato's Jamba Corp. is seeking city permission to combine a property it owns, at 5858-5866 N. Green Bay Ave., with part of a neighboring property, at 5855 N. Glen Park Road, to create a 3-acre parcel. That request was to be reviewed Tuesday night by the Plan Commission. | Dec. 5, 2012»Read Full Blog Post